About Acads360
Acads360 is a Technology company based in Hyderabad (India) founded in 2015 by Nitesh Reddy. Cloud-based procurement software is provided for procure-to-pay automation. Acads360 has raised $37.98 thousand across 2 funding rounds from investors including Rajender Reddy. The company has 28 employees. Acads360 was last valued at $359.51 thousand in March 2020. Its chief executive, as recorded, is Nitesh Reddy. Its Indian entity Acads360 India Private Limited reported revenue of ₹4.31 Cr. Its focus areas include Business Services, IT Services, Application Development and Mobile App Development.
Company details
Acads360 was founded in 2015 in Hyderabad, India, and operates in the software as a service sector. A cloud-based solution named PRM360 is offered to automate the procure-to-pay process for organizations across various industries. Procurement operations are streamlined through this SaaS product, which supports efficiency in sourcing, purchasing, and payment workflows. The company focuses on addressing procurement requirements in diverse business environments.
- Headquarters Hyderabad, India
- Employees 28
- Founders Nitesh Reddy
- SectorsTechnology
- Website acads360.com
- Legal Name Acads360 India Private Limited
- Date of Incorporation 02 Jul, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.31 Cr
FY 2024 · +15% YoY
- Net Profit₹26.5 Lakh
FY 2024 · 6% margin
- EBITDA₹54.2 Lakh
FY 2024 · 13% margin
- Total Equity Funding$37.98K (USD)
in 2 rounds
- Latest Funding Round$10.39K (USD), Angel Round
Mar 2020
- Employee Count28
Associated legal entities of Acads360
Acads360 operates through Acads360 India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Acads360 India Private Limited CIN U74900TG2015PTC099580 | Active | 02 Jul 2015 | Hyderabad, Telangana | ₹4.3 Cr | 28 | 2 | View details |
Funding Insights of Acads360
Acads360 has successfully raised a total of $37.98K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $10.39 thousand completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $37,984
- Total Rounds 2
- Last Round Angel Round — $10,387
- First Round $27,597
(Mar 2018)
- Investors Count 1
All 2 funding rounds of Acads360 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $10,387 | Angel Round | $359,506 | Rajender Reddy | – |
| Mar 2018 | $27,597 | Angel Round | $397,310 | Rajender Reddy | – |
Last known valuation $359,506 (Mar 2020). 1 investors in total: 0 institutional and 1 angel.
Investors in Acads360
Acads360 has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Rajender Reddy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RR Rajender Reddy | unknown_e1ab29dcd7d04128b |
Investor details for Acads360
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Acads360 India Private Limited (Acads360)
Acads360 India Private Limited is the primary company behind Acads360. The board of Acads360 India Private Limited currently have 2 directors; the longest-serving is Nitesh Pathuri, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitesh Pathuri DIN 07178803 | Director | 02 Jul 2015 | 11 yrs 3 mo | Acads360 India Private Limited |
| Sanjana Thummala DIN 09137724 | Director | 08 Apr 2021 | 5 yrs 6 mo | Acads360 India Private Limited |
People of Acads360
1 people are tracked at Acads360 (1 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Nitesh Reddy | Founder & CEO | Leadership |
Complete people profiles for Acads360
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Acads360
Figures of Acads360 India Private Limited, the primary company behind Acads360, for FY 2024. Revenue was ₹4.31 Cr (+15% year on year). Net profit was ₹26.5 Lakh (6% margin). EBITDA was ₹54.2 Lakh (13% margin). Revenue has grown at a compounded annual rate of +28% over three years and +39% over five years.
- ₹4.31 CrRevenue · FY 2024 · +15% YoY
- ₹26.5 LakhNet profit · 6% margin
- ₹54.2 LakhEBITDA · 13% margin
- ₹1.1 LakhPaid-up capital
- 28Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Acads360 India Private Limited are on its company page.
Detailed financial statements for Acads360
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Acads360
3 dated milestones of Acads360 across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Acads360 is founded.
- Funding First funding round of $28K.
- Funding Latest funding round, Angel Round, of $10K.
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Frequently Asked Questions about Acads360
Acads360 was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Acads360 is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Nitesh Reddy is the CEO of Acads360, as recorded in our data. They have also founded this company.
Acads360 is a funded company, having raised a total of $37.98K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $27.6K, raised on Mar 2018.
Acads360 has 28 employees.
The primary company behind Acads360, Acads360 India Private Limited, reported revenue of ₹4.31 Cr for FY 2024, up 15% year on year.
Acads360 was founded in 2015 in Hyderabad, India, and operates in the software as a service sector. A cloud-based solution named PRM360 is offered to automate the procure-to-pay process for organizations across various industries. Procurement operations are streamlined through this SaaS product, which supports efficiency in sourcing, purchasing, and payment workflows. The company focuses on addressing procurement requirements in diverse business environments.
Acads360 has 1 investor. Key investors include Rajender Reddy.
The valuation of Acads360 is $359.51K as of Mar 2020.
Acads360 operates through Acads360 India Private Limited.
The legal entities of Acads360 currently have 2 directors, including Sanjana Thummala, Nitesh Pathuri.